Under Offer - Vietnamese Restaurant (asset Sale) Little Pho Tuck Shop – Kew, Vic
Kew, Victoria 3101
SOLD
Key Features
AI generated. Contact seller to confirm.
- Prime location in affluent Kew, Victoria
- Sale includes complete plant and equipment setup
- Weekly takings averaged $12,000 before closure
- Fully equipped and turnkey ready for new owner
- Owner selling due to health issues
- Asking price of $35,000 WIWO
- Turnover: $624,000 (based on weekly takings of $12,000)
- Net Profit: Not disclosed
- Rent/Lease: Lease in place, 3 years remaining, option for 5 years
- Stock Value: Included
- Established: Not disclosed
Business Details
Business Category Restaurant
Business ID XB160416
This is a rare opportunity to acquire the complete setup of a once-thriving Vietnamese restaurant in the heart of Kew, Victoria. Little Pho Tuck Shop was a beloved local spot known for its authentic cuisine, but due to health issues, the family has made the difficult decision to sell.
Key Details:
- Location: Prime position in Kew, Victoria, an affluent suburb with strong foot traffic and loyal clientele.
- Asset Sale: This is a sale of plant & equipment and lease – the business is not being sold as a going concern. No financials will be provided.
- Comprehensive Setup: The sale includes an extensive holding of Plant & Equipment, everything required to operate a restaurant.
- Weekly Takings (When Trading): Averaged $12,000 per week before the business ceased trading.
- Lease Details:
3 years remaining on the current termOption for an additional 5-year termMonthly rent: $5799 + GST - Turnkey Ready: Although not currently trading, the business is fully equipped and ready for a new owner to restart operations.
- Reason for Sale: Owner unable to continue due health issues.
This is a fantastic opportunity for a motivated buyer looking to capitalize on an already-established brand and location. Don't miss your chance to bring this Kew favourite back to life.
Contact us today for more details and to arrange a viewing!
Contact: Cameron Ryan on XXXXXXXXXX - XXXXXXXXXX
Asking Price: $35,000 WIWO (all offers considered)
Property Code: 4125
This is a rare opportunity to acquire the complete setup of a once-thriving Vietnamese restaurant in the heart of Kew, Victoria. Little Pho Tuck Shop was a beloved local spot known for its authentic cuisine, but due to health issues, the family has made the difficult decision to sell.
Key Details:
- Location: Prime position in Kew, Victoria, an affluent suburb with strong foot traffic and loyal clientele.
- Asset Sale: This is a sale of plant & equipment and lease – the business is not being sold as a going concern. No financials will be provided.
- Comprehensive Setup: The sale includes an extensive holding of Plant & Equipment, everything required to operate a restaurant.
- Weekly Takings (When Trading): Averaged $12,000 per week before the business ceased trading.
- Lease Details:
3 years remaining on the current termOption for an additional 5-year termMonthly rent: $5799 + GST - Turnkey Ready: Although not currently trading, the business is fully equipped and ready for a new owner to restart operations.
- Reason for Sale: Owner unable to continue due health issues.
This is a fantastic opportunity for a motivated buyer looking to capitalize on an already-established brand and location. Don't miss your chance to bring this Kew favourite back to life.
Contact us today for more details and to arrange a viewing!
Contact: Cameron Ryan on XXXXXXXXXX - XXXXXXXXXX
Asking Price: $35,000 WIWO (all offers considered)
Property Code: 4125
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